The INS and OUTS of Priority Banking

Mashreq Bank
2 min readMar 4, 2020
Priority Banking Services

Do you have any idea about urgent or priority services? Like I said personal loan offer and also when it is available on easy installments then who refused to take such an opportunity. I think this is the basic reason to avail of such kind of services. there would be so many other options as well like wealth management, credit card option and private ;lounge access. For getting all types of services, one must have to open an account in any bank in UAE, in case he or she is residing in that particular region.

Look at the priority banking UAE, now loans and other private services are available with diverse options and rates in different types of packages. There are few complications and important points while getting such offers. But the way to get a loan especially is tricky to handle. One of the best options is to approach a bank. This is the best alternative option for people who clear their balance if they are in search of equal their credit score.

Some of the account holders stuck into a situation which is called outstanding debt and this can also be managed by the banks. The way is very clear, you need to take the option of payment of each month, and one can clear his /her balance as well as get the opportunity to earn rewards. You can also get some help while dealing with the hard cash which is now rare and instead you can make payments through credit cards.

The question is when banks in the UAE are so much established and rich, then why they are ready to offer such lavish packages. Well, the answer is simple that sometimes a bank or any other company comes under a situation of crisis and they need some financers. Here only high net worth individuals or multinational corporations can only handle the situation. But why a company or an investor will invest in a particular project? To get the answer to this question, banks in return provide them priority bank account which can be used for unique offers. For example, you, a credit card with maximum cashback discount offers or life insurance policies.

When we talk about priority services, these vary from one to other. So choice of a special bank is very important to grab your desired priority services.

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Mashreq Bank

Mashreq Bank UAE’s financial institutions with a growing retail presence in the region including all over the world. We focus on providing our customers access.